Historic Office
18 SE 14TH AVENUE, Ocala, FL 34471
For Sale
$399,000
Four-room commercial layout with updated roofing and a full bathroom with shower.
Property Size1,400 SF
Price / SF$285
Days on Market53
Property Features for 18 SE 14TH AVENUE
General Information
Standard status
Size
Property subtype
Zoning
Occupancy
Additional Details
Office Units
Amenities
0.14 acres, Wooded
Shingle
Public Sewer
Additional parcels description:, Parcel Number: 2839-002-000, Public Survey Range: 22E, Public Survey Section: 17, Annual Amount: $1,878.19, Tax Block: 172, Tax Book Number: A-172FORT, Legal Description: SEC 17 TWP 15 RGE 22 PLAT BOOK A PAGE 172 FORT KING HEIGHTS N 1/2 OF LOTS 1.2, Lot: 1,2,3, Year: 2025, Zoning: B2
Gross Income: $30,000, Rent Only
Central Air
Gas
Listing ID: MFROM732654, Standard Status: Active, MLS Status: Active, Property Subtype: Business, On market as of 2026-09-21, 45 days on market, Special Conditions: None
Crawl Space
Built in 1938, Living area: 1200, Living area units: Square Feet, Building faces East, 1 storey, Levels: One, Construction Materials: Stone, Frame, Wood Siding
Subdivision: FORT KING HEIGHTS, MLS Area (Major): 34471 - Ocala, County/Parish: Marion
Completed
Public, Water Connected, Water Source: Public
Crawlspace, Pillar/Post/Pier, Stem Wall
Negotiable
Energy Efficiency: Appliances
Frontage Type: City Street, Road Responsibility: Public Maintained Road, Road Surface: Paved
Building Details
Year Built
Buildings
Listing Agency:
ALL FLORIDA HOMES REALTY LLC
(352) 789-5083
Listed By:
Nichole Roberts · License FL #3145616
(352) 239-2485
Source:
Miharaandassociates
Added: Sep 21
Changed: Nov 10
Last Checked: Nov 10 at 7:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ALL FLORIDA HOMES REALTY LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,400-square-foot office property was built in 1938 and includes four individual rooms arranged within a historic commercial setting. The space features a full bathroom with shower, abundant natural light, and a roof replacement completed in 2025. Its room-by-room configuration supports flexible office use while retaining the character of the original building.
The property is located just off Fort King Street at 18 SE 14TH AVENUE in Ocala, within walking distance of downtown restaurants, shops, entertainment, and other amenities. The building is currently fully leased and carries B-2 commercial zoning, combining an established occupancy profile with a central downtown setting.
The property is located just off Fort King Street at 18 SE 14TH AVENUE in Ocala, within walking distance of downtown restaurants, shops, entertainment, and other amenities. The building is currently fully leased and carries B-2 commercial zoning, combining an established occupancy profile with a central downtown setting.
Key Highlights
- 1,400 SF office property with four individual rooms
- Roof replacement completed in 2025
- Full bathroom with shower
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,204
Cap Rate
9.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$724,080
$724.1K
Cap Rate 7%
$517,200
$517.2K
Cap Rate 9%
$402,267
$402.3K
Market Conditions
NOI Build-Up for 1,400 SF
Gross rent
$52.6K $37.56/SF
− Vacancy
−$4.3K −$3.08/SF
EGI
$48.3K $34.48/SF
− OpEx
−$12.1K −$8.62/SF
NOI
$36.2K $25.86/SF
Area
Marion County, FL
Vacancy
8.20%
Lease Rate
$37.56 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$724,080
Cap Rate 7%
$517,200
Cap Rate 9%
$402,267
Alternative Uses
Best Use
Office B
$517.2K
$452.6K – $603.4K
NOI $36,204 @ 7.0% cap · market cap 9.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$764.5K
$668.9K – $891.9K
NOI $53,515 @ 7.0% cap · market cap 13.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
4
Office units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,128
Businesses Nearby
Explore this area
Business Placement
Demographics for 34471, FL
27,632
Population
12,071
Households
2.3
Avg Household Size
43
Median Age
36%
College-Educated
93%
High-School Grad
19.8 sq mi
ZIP Area
1,396
Density / Sq Mi
$60,283
Median Household Income
$37,565
Median Earnings
$1,225
Median Rent
$292,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Office Units in Ocala, FL
Properties on Market for Office Units in Ocala
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Four-room commercial layout with updated roofing and a full bathroom with shower.
Where is this office unit located?
The property is located at 18 SE 14TH AVENUE Ocala, FL.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 1,400 SF office property with four individual rooms; Roof replacement completed in 2025; Full bathroom with shower
